Indexes closed lower on Thursday, with the tech-heavy Nasdaq falling almost 1%, led by a slide in mega-cap tech stocks like Apple and Nvidia.
Treasury yields edged lower after Federal Reserve governor Christopher Waller said that it is “reasonable” to think that the central bank could cut interest rates in the first half of the year. The move came after the 10-year yield tumbled Wednesday to ...
US stock futures rose Thursday, lifted by a fresh slew of earnings releases and a revival of Federal Reserve policy-easing bets.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC,
Stocks struggled to make headway after a solid rally, while bond yields dropped on dovish remarks from Federal Reserve Governor Christopher Waller.
The S&P 500, Nasdaq 100, and Dow Jones Industrial Average all gained ... fueled further this week by Federal Reserve Governor Christopher Waller, who told CNBC on Thursday that interest rates ...
Things left unsaid during Donald Trump's presidential inauguration speech and accompanying festivities Monday appeared set to give U.S. stocks a lift, while pulling down the dollar and U.S. Treasury yields. Bitcoin, which soared to a record above $109,000 early Monday, was also pulling back.
History shows stocks can usually handle a gradual rise in yields just fine, according to analysts at Goldman Sachs. But the S&P 500 has tended to struggle if the 10-year yield moves more than two standard deviations, which would currently be equal to around 60 basis points, or 0.6 percentage points, in a month, they found (see chart below).
The Dow Jones Industrial Average rose 334.70 points, or 0.78%, to 43,487.83, the S&P 500 gained 59.32 points, or 1.00%, to 5,996.66 and the Nasdaq Composite gained 291.91 points, or 1.51%, to 19,630.20.
US stocks ended higher on Friday driven by gains in big tech and chip companies The Dow Jones Industrial Average rose 33470 points or 078 perce
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
US equity indexes rose this week as easing core inflation rates helped push government bond yields lower, and big banks kicked off the Q4 earnings season on a strong note. * The S&P 500 gained to 5,966.
After struggling for the past month, U.S. stocks got a boost this week as the latest inflation data rolled in. As a result, both the S&P 500 and Dow Jones Industrial Average were heading for their strongest advance since the week when President-elect Donald Trump won reelection.